Based on today's classical pivot point (P1) with the value of $1.03, Railgun has support levels of $0.8958, $0.7588, and the strongest at $0.6204. Similarly, Railgun resistance levels are at $1.17, $1.31, and $1.45.
| # | Price | Strength |
|---|---|---|
| S1 | $0.8958 | |
| S2 | $0.7588 | |
| S3 | $0.6204 |
| # | Price | Strength |
|---|---|---|
| R1 | $1.17 | |
| R2 | $1.31 | |
| R3 | $1.45 |
Technical indicators are an essential tool for conducting technical analysis. They provide insights into an asset's market status, investor sentiment, and more, thereby helping investors make more informed trading decisions.
| Period | Value | Action |
|---|---|---|
| RSI (14) | 35.07 | NEUTRAL |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 25.86 | NEUTRAL |
| Commodity Channel Index (20) | -227.67 | BUY |
| Average Directional Index (14) | 17.09 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.01 | SELL |
| Momentum (10) | -0.21 | NEUTRAL |
| MACD (12, 26) | -0.01 | SELL |
| Williams Percent Range (14) | -74.14 | NEUTRAL |
| Bull Bear Power (13) | -0.33 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 33.66 | NEUTRAL |
| VWMA (10) | 1.21 | SELL |
| Hull Moving Average (9) | 1.08 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 1.16 | NEUTRAL |
Over the past 7 days, Railgun price was most positively correlated with the price of Decred (DCR), Polkadot (DOT), Optimism (OP), Immutable X (IMX) and Ethena (ENA) and most negatively correlated with the price of Bittensor (TAO), World Liberty Financial (WLFI), LEO Token (LEO), Aptos (APT) and Toncoin (TON).
| Name | Correlation |
|---|---|
| Decred | 0.725 |
| Polkadot | 0.714 |
| Optimism | 0.649 |
| Immutable X | 0.642 |
| Ethena | 0.617 |
| Name | Correlation |
|---|---|
| Bittensor | -0.776 |
| World Liberty Financial | -0.742 |
| LEO Token | -0.734 |
| Aptos | -0.699 |
| Toncoin | -0.692 |
Railgun price is positively correlated with the top 10 coins by market cap with a price of 0.022, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.028.
Currencies that are positively correlated with Railgun indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Railgun, a move in one direction for Railgun would translate into a move in the opposite direction for the negatively correlated coin.
